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Digital Magics SpA (DMG.MI)

DMG.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Digital Magics FY net loss widens to EUR 3.2 mln
Tuesday, 28 Mar 2017 09:39am EDT 

Digital Magics SpA : FY production value 2.9 million euros ($3.15 million) versus 2.6 million euros a year ago .FY net loss 3.2 million euros versus loss 1.2 million euros a year ago.  Full Article

Digital Magics reports definitive results of 5 mln euro capital increase
Tuesday, 7 Mar 2017 05:18am EST 

Digital Magics SpA : Said on Monday that 81,473 shares were allocated for 328,744 euros ($347,679.65) following exercise of pre-emption right . The definitive results of the capital increase, including the pre-emption ones, amounted to 5.8 million euros versus an offer of 5.0 million euros . Performed the allocation proportionally to the shares already owned by the applicants as all the pre-emption requests could not be fulfilled . Tamburi Investment Partners subscribed to its share of the capital increase for 0.9 million euros and exercized its pre-emption right for up to further 1 million euros .Tamburi Investment Partners to own 18.2 pct stake in Digital Magics following the exercise of the pre-emption right.  Full Article

Digital Magics launches 5.0 mln euro capital increase
Thursday, 9 Feb 2017 05:31am EST 

Digital Magics SpA : Said on Wednesday that it launches its 5.0 million euro ($5.35 million) capital increase . Sets subscription price per share at 4.035 euro, premium included . Option and pre-emption right offer period to run from Feb. 13 to March 3 .Tamburi Investment Partners committed to subscribing to its share of the capital increase, amounting to about 0.9 million euros ($962,730.00).  Full Article

Digital Magics becomes top shareholder of Withfounders with 35 pct stake
Thursday, 22 Dec 2016 01:47am EST 

Digital Magics SpA : Said on Wednesday it had signed an industrial agreement with Innogest and other shareholders of Withfounders . Innogest is an Italian venture capital fund and Withfounders is a seed accelerator which has 13 startups in its portfolio .To become top shareholder of Withfounders with a 35 pct stake.  Full Article

Digital Magics H1 net loss narrows to 0.1 mln euros
Friday, 30 Sep 2016 02:29am EDT 

Digital Magics SpA : Reported on Thursday H1 production value of 1.32 million euros ($1.48 million) versus 1.28 million euros a year ago . H1 net loss of 0.1 million euros versus loss of 0.2 million euros a year ago .H1 total investments amount to 1.17 million euros.  Full Article

Digital Magics opens new office in in Northeast of Italy
Wednesday, 13 Jul 2016 06:20am EDT 

Digital Magics SpA :Opens new office in Padua, Italy, to support startups in the Northeast of Italy.  Full Article

Digital Magics launches Yoagents platform
Tuesday, 31 May 2016 03:38am EDT 

Digital Magics SpA :Launches Yoagents, platform for creation of commercial networks for sale of digital services online.  Full Article

Digital Magics SpA launches ‍startup Quomi
Wednesday, 2 Mar 2016 07:00pm EST 

Digital Magics SpA:Launches ‍Quomi, a startup operating in the food delivery service sector​.  Full Article

Digital Magics SpA transferred business line of WebWorking to LiveXtention
Tuesday, 23 Feb 2016 07:00pm EST 

Digital Magics SpA:Says it transferred business line of digital marketing agency WebWorking Srl to LiveXtention Srl.LiveXtention is 70 percent-owned Digital Magics unit.  Full Article

Digital Magics SpA launches startup Morpheos
Sunday, 21 Feb 2016 07:00pm EST 

Digital Magics SpA:Launches Morpheos, a startup developing a domestic robot‍​.  Full Article

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BRIEF-Digital Magics FY net loss widens to EUR 3.2 mln

* FY production value 2.9 million euros ($3.15 million) versus 2.6 million euros a year ago